Independent power producer Alternus Energy Inc. has submitted a registration statement covering its common stock to become subject to the SEC's periodic reporting requirements.

The filing includes audited annual financial statements for 2017 and 2018, and unaudited first-quarter financial statements for 2018 and 2019.

"This filing is a significant milestone for the Company and moves us one step closer to our intention of further elevating the Company's capital markets position by up-listing to a U.S. National Exchange," said CEO, President and Chairman Vincent Browne in an Aug. 14 statement.

Alternus Energy owns and operates utility-scale power projects internationally. It has operational solar parks in Germany, Italy and Romania with contracts in place to add solar projects in the Netherlands.